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Asia

Rupee strengthens as crude oil prices fall

Markets-Economic Times · 2h ago · 🇮🇳 India

Rupee strengthens as crude oil prices fall

The Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, supported by falling Brent crude prices. Dollar sales by the Reserve Bank of India also bolstered the currency's positive momentum. However, a firm dollar index ahead of the US Fed meeting limited further upside. The rupee is expected to trade between 95 and 96 on Wednesday.

Read the full story at Markets-Economic Times →

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